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Larsen & Toubro stock: growth
LT.NSLarsen & Toubro reported $30.39B in revenue for fiscal 2026, up 10% on the prior year, up 15.5% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
14.9%
per year from 2007 to 2026, per share 14.4%
Earnings (Annual rate)
10.9%
per year from 2007 to 2026, per share 10.4%
Free cash flow (Annual rate)
no data
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2021 | since 2016 | since 2007 | |
|---|---|---|---|
| Revenue | 15.5% | 10.9% | 14.9% |
| Revenue per share | 12.6% | 11.0% | 14.4% |
| Earnings | 6.8% | 12.2% | 10.9% |
| Earnings per share | −1.3% | 14.5% | 10.4% |
| Free cash flow | −10.6% | no data | no data |
| Free cash flow per share | −12.8% | no data | no data |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2007 | $2.16B | $238.1M | −$38.38M |
| 2008 | $3.1B | $247.16M | −$552.53M |
| 2009 | $4.27B | $399.43M | −$529.49M |
| 2010 | $4.62B | $564.17M | −$257.42M |
| 2011 | $5.48B | $466M | −$948.52M |
| 2012 | $6.84B | $502.58M | −$1.45B |
| 2013 | $8.01B | $553.3M | −$1.23B |
| 2014 | $8.97B | $521.03M | −$1.48B |
| 2015 | $9.89B | $506.45M | −$807.59M |
| 2016 | $10.84B | $541.06M | −$902.71M |
| 2017 | $11.76B | $642.11M | $346.09M |
| 2018 | $12.86B | $783.33M | −$1.37B |
| 2019 | $14.56B | $946.51M | −$956.54M |
| 2020 | $15.71B | $1.01B | $346.19M |
| 2021 | $14.81B | $1.23B | $2.24B |
| 2022 | $16.87B | $921.45M | $1.71B |
| 2023 | $19.79B | $1.11B | $1.98B |
| 2024 | $23.93B | $1.39B | $1.46B |
| 2025 | $27.61B | $1.6B | $504.01M |
| 2026 | $30.39B | $1.71B | $1.28B |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2026, period end 31 Mar 2026
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = ₹94.0836)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 31 Jul 2017)
- Valuation signal Overvalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.